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How the Biggest Crypto Hack Ever Nearly Destroyed the World’s No. 2 Exchange

Bybit survived, thanks to emergency loans from its peers, but questions over the crypto industry’s security linger.

How the Biggest Crypto Heist in History Went Down

For years, Bybit had relied on the storage software, developed by a technology provider called Safe, even as other security firms sold more specialized tools for businesses. The hack sent crypto ...

NBC New York · 12d

Crypto exchange Bybit says it fully replenished reserves after record $1.5 billion hack

Bybit said it recovered nearly 447,000 ether tokens, replenishing its reserves through a mix of emergency loans and whale deposits.

Markets Insider · 12d

Bybit Replenishes $1.4 Billion after Largest Crypto Hack

Bybit has officially filled the $1.4 billion hole left by one of the biggest crypto hacks in history. CEO Ben Zhou announced that the exchange

Gadget Review on MSN · 2d

Hackers Successfully Launder $1 Billion in Stolen Bybit Crypto

Hackers successfully launder over $1 billion in stolen Bybit crypto using THORChain and other decentralized tools, raising security concerns.

The Bybit Hack And Its Fallout

By now everyone knows that the Bybit hack worth around 400,000 ETH and stETH worth more than $1.5 billion is the largest ever ...

CCN on MSN2d

Bybit Hack Aftermath: How Crypto Exchanges Recover from Liquidity Crises

Liquidity crises happen when exchanges cannot meet withdrawal demands, often due to security breaches or financial ...

TechRepublic5d

How North Korea Executed the Largest Crypto Heist Ever

North Korea’s Lazarus Group pulled off the $1.5B Bybit hack, making it the biggest crypto heist ever. Here’s how they did it—and what’s next. Last week, news outlets worldwide reported ...

Is The Bybit Crypto Hack The Future? DePIN Looks To Make Web3 Much Safer

The Bybit crypto hack, the largest in history, shines a spotlight again on central crypto exchange security. DePIN, the ...

2don MSN

SafeWallet releases Bybit hack post-mortem report

The SafeWallet team and cybersecurity firm Mandiant released a forensic report outlining new details of the $1.4 billion ...

$1.5B Bybit Hack is Linked to North Korea, FBI Says, in Potentially the Largest Crypto Heist Ever

The FBI referred to the attack as “TraderTraitor,” a malicious campaign linked to North Korean state-sponsored hackers the ...

Crypto News2d

Safe Wallet Reveals Bybit Hack Details, and Calls for Community Action

Safe Wallet has released new details on its forensic investigation into the recent Bybit hack, conducted in collaboration ...

How North Korea cracked Bybit’s crypto safe to steal $1.5 billion in a record heist

North Korean hackers lay in wait for “probably many months.” Here is a step-by-step guide to how they pulled off the robbery.

Hosted on MSN3d

Ben Zhou and the Bybit Hack: How a $1.5 Billion Crisis Unfolded

Hackers stole $1.5 billion from Bybit, exploiting a flaw in the cold-to-warm wallet transfer process and bypassing security ...

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